StraitsX helps you convert between SGD and USD using stablecoins and Swap. Here’s how to perform FX conversions seamlessly.

Supported Stablecoins

• XSGD (SGD-pegged)
• XUSD (USD-pegged)
• USDC
• USDT
  
  
  

Available Swap Pairs

(Bidirectional unless stated):

• XSGD ↔ XUSD
• XSGD ↔ USDC
• XSGD ↔ USDT
• XUSD ↔ USDC
• XUSD ↔ USDT
• USDC ↔ USDT
  
  

SGD to USD (FX Outbound)

Use this when you need to convert SGD to USD equivalents.

1. Flow A: Hold digital SGD within the ecosystem.
   SGD → XSGD
2. Flow B: If you prefer USD exposure via StraitsX's native token.
   SGD → XSGD → XUSD
3. Flow C: When the destination platform supports USDC.
   SGD → XSGD → USDC
4. Flow D: When you need USDT via XUSD as an intermediary.
   SGD → XSGD → XUSD → USDT
5. Flow E: Alternative USDT path if you start with USDC.
   SGD → XSGD → USDC → USDT

For step-by-step instructions on how to perform this, please refer to this article.

Off-Ramping (Stablecoins to SGD)

Use this if you're exiting the ecosystem or need SGD in a bank account.

1. Flow A: Direct conversion to Fiat.
   XSGD → SGD
2. Flow B: For users holding USDC.
   USDC → XSGD → SGD
3. Flow C: For users holding XUSD.
   XUSD → XSGD → SGD
4. Flow D: Common route for users with USDT.
   USDT → USDC → XSGD → SGD
5. Flow E: Alternative route using XUSD.
   USDT → XUSD → XSGD → SGD

For step-by-step instructions on how to perform this, please refer to this article.

Important Note

Swap steps may vary depending on token availability, fees, and platform support. Always confirm availability and limits in the StraitsX interface.

More details about token availability, fees, and platform support can be found in these articles:

• What are the available tokens and trading pairs for StraitsX Swap?
• Stablecoin Supported
• Comprehensive List of StraitsX Transaction Limits for Personal Accounts